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Addendum 1: Operational notice pertaining to the committed liquidity facility - August 2013
Published Date:
2013-08-02
Author:
Financial Markets
Last Modified Date:
2020-10-01, 09:30 PM
Category:
Notices > Operational Notice
During 2012, the South African Reserve Bank (Bank) approved the provision of a committed liquidity facility (CLF) in order to assist banks in meeting the requirements of the liquidity coverage ratio (LCR). Guidance Note 5/2012 was issued containing details regarding acceptable collateral for the CLF. Guidance Note 6/2013 replaced Guidance Note 5/2012 and contains updated specifications on the acceptable collateral for the CLF, while this Addendum to the Operational Notice (Addendum 1) provides details on the operational requirements thereof.